The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said the cryptocurrency has been around for more than a decade but “there’s still no legitimate use case in an advanced democracy.” ‘I Am Worried From […]

Ratio that compares price of Bitcoin, largest digital asset, with Ethereum signals potential warning for crypto market

Synthetic dollar protocol developer Ethena Labs has added Bitcoin (BTC) to the backing of its USDe stablecoin, the firm’s flagship product. Announcing via the social media platform X, Ethena Labs says that using Bitcoin to back USDe is “a crucial unlock which will enable USDe to scale significantly” from its current supply of $2 billion. […]

Although the US has yet to win the extradition victory against South Korea for Do Kwon, a New York court has already ruled against the fallen former crypto mogul in a legal case launched by the Securities and Exchange Commission. Do Kwon and his crypto brainchild – Terraform Labs – were found guilty of misleading […]

Microsoft warns of AI use, cryptocurrency heists. 3 min read 06 Apr 2024, 11:08 PM IST checkcibilBtn. Written By Akriti Anand. A report on the …

We do the research, you get the alpha! Go to Alpha Reports There’s clear interest in the upcoming token for the Saga layer-1 blockchain network, just days ahead of next week’s listing. In fact, Binance customers have already broken a record for the most cryptocurrency staked to earn SAGA token rewards via the crypto exchange’s […]

Bitcoin began 2024 with a blast gaining by over 73% in the first quarter of the year to establish a new all-time high price of $73,750. And although BTC soon declined from this value following a turbulent price movement in the last month, its biggest stakeholders have shown a consistent accumulation trend throughout the first […]

A 70-year-old woman says JPMorgan Chase isn’t taking responsibility after her account was gutted by cyber thieves. Jodene Danials says $4,500 vanished from her Chase bank account after hackers got access to her Zelle account, Click2Houston reports. Danials says in June of last year, within a matter of hours, her Chase account was drained of […]

The introduction of meme coins has injected a new layer of excitement into the crypto market, each with its own distinct charm and community backing. Raboo (RABT) is emerging as a standout with its eagerly awaited crypto presale, aiming to outshine notable rivals such as FLOKI and BONK in the meme coin domain. This new […]

India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the system to facilitate this,” the Reserve Bank of India (RBI) said the initiative is expected “to enhance access and expand choices available to users.” Non-Bank […]

Bitcoin ETFs are igniting financial revolution, surging 283% in single day

The investigation revealed that her so-called cryptocurrency investment was moved through multiple crypto addresses in a manner consistent with money …

TL;DR Coinbase Launch: Coinbase has introduced perpetual futures contracts for two altcoins, Ordinals (ORDI) and Worldcoin (WLD), available on Coinbase International Exchange starting April 11. These contracts allow traders to speculate on the future prices of ORDI and WLD indefinitely. Price Movements: ORDI has experienced a significant increase in value, rising 1,640% from $5 to […]

TL;DR Grayscale conducts quarterly adjustment in funds, removing ADA and ATOM from its portfolio. Proceeds from the sales are reinvested to maintain a balanced and diversified portfolio. The removal of ADA and ATOM is based on negative returns and other selection criteria. Grayscale, one of the world’s leading digital asset management firms, has carried out […]

Bitcoin had a controversial week in terms of price movements, as it slumped to a ten-day low and jumped by nearly five grand a day later but failed to sustain its momentum. The altcoins also suffered on a weekly basis, but most have turned green after yesterday’s retracements. BTC Goes After $68K The volatile week […]

The founders of analytics platform Glassnode believe Bitcoin (BTC) is gearing up for a much bigger move to the upside. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that Bitcoin appears to be forming a bullish pattern amid a market correction. However, the analysts […]

A top-100 altcoin has more than doubled up during the last week as it announces a host of new partnerships and features. New data reveals that Core (CORE), a layer-1 blockchain that leverages the advantages of Bitcoin’s (BTC) proof-of-work network, has skyrocketed over the last seven days. On March 29th, CORE was trading for $1.07. […]

The Cardano price has been facing a significant amount of bearish pressure over the past week, declining by more than 12%. This recent fall coincides with a broader crypto market downturn, with other major altcoins suffering huge losses over the past week. Specifically, Cardano’s price decline has been largely linked to the recent sell-off of […]

A cryptocurrency analyst and trader says Bitcoin (BTC) is in the final stages of a pre-halving consolidation in preparation for the next leg up. The analyst pseudonymously known as Rekt Capital tells his 72,300 YouTube subscribers that Bitcoin is currently in a reaccumulation phase and will soon undergo the final pre-halving retracement phase. According to […]

BlockDAG Reveals Tech Whitepaper with 20,000x ROI Potential Outshining ETH’s Bullish Surge and SOL’s Meme Coin Slowdown Ethereum (ETH) transaction fees have skyrocketed to a whopping $1.2 billion in Q1 2024, signalling a bullish frenzy in the crypto market. But Solana (SOL) meme coins, the latest craze in the crypto verse, are experiencing a slowdown.  […]

Adam Back said he would advise his younger self to bet on Bitcoin

Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said this would decelerate the EU to the Stone Age, disrupting European defi access for less tech-savvy users. Makerdao Co-Founder Details Possible MiCA Disruptions in EU-Based […]

As the cryptocurrency market experiences a resurgence, AI crypto assets are emerging as significant beneficiaries.

A top executive of the fraudulent cryptocurrency scheme OneCoin will spend years behind bars for her role in the multi-level marketing (MLM) scam that swindled billions from victims worldwide. OneCoin, which was co-founded by the so-called crypto queen Ruja Ignatova and Karl Sebastian Greenwood in 2014, promised to pay commission to members who recruited people […]

PayPal just rolled out a new service that allows users to fund their cross-border money transfers using PayPalUSD (PYUSD), the US dollar-pegged stablecoin that the online payments giant unveiled in August last year. In a new statement, PayPal says that US users of remittance provider Xoom can now convert the PYUSD in their PayPal account […]

TL;DR Wormhole W Token’s Growth: Predictions suggest a potential rise in Wormhole’s value, with optimistic forecasts for 2024 reaching up to $5.63, and a significant surge possibly hitting $9.82 by 2025. Fluctuating Predictions: Various sources provide a range of predictions, with some cautioning about market volatility affecting Wormhole’s price, which could see it doubling by […]

The Purpose Bitcoin ETF (BTCC) – the world’s first Bitcoin exchange-traded fund – has struggled to compete with its U.S. counterparts since its January debut. The Canadian fund has lost 20% of its Bitcoin (BTC) under management over the past three months, despite rising demand and record-high prices for the asset during that time. Purpose […]

Introduction As we approach the conclusion of the third epoch, the countdown to the next Bitcoin halving is firmly underway. The halving (also known as the “Halvening”) is one of the most important and innovative features of Bitcoin. Every 10 minutes, the Bitcoin network issues new bitcoin and approximately every four years (every 210,000 blocks, […]

Generally, the crypto market has been experiencing a pullback after Bitcoin and many other coins like Ethereum have recorded a new all-time high of which Arbitrum (ARB) was not left behind. Arbitrum, which has a lot of potential with a market cap of over $3.8 billion and a circulating supply of 2,653,939,384 ARB has been […]

Bitcoin proponent Peter Brandt brands Ethereum (ETH) as junk coin in explosive criticism

Zduńczyk expects Bitcoin to reach US$86,500 by April’s end, driven by positive market indicators. He noted increased risk and volatility with key indicators like BPRO and RSI highlighting potential challenges. Market sentiment shows extreme greed; historical gains suggest a bullish outlook with halving event influence. Adrian Zduńczyk, CMT (Chartered Market Technician) also known as crypto_birb […]

Nobody wants to be left behind as the race to be the first bank to offer customers Spot Bitcoin ETFs has officially begun. Morgan Stanley and UBS are the first two cabs off the rank, with analysts speculating services to go live sometime next week. The banks join an influx of new institutional participants in […]